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We help retailers to successfully manage store closures.
To boost the overall performance of the business, a multisite Retailer may need to close or relocate a number of poorly performing stores. Although store closures can produce significant returns, they can be complex and require sensitive management. Core areas like human resources, trade union relations, supplier relationships and brand integrity need to be carefully protected. Often such expertise does not exist within the company or the process can simply consume too much management time. A well-managed store closure programme can help a retail business build a strong brand and drive sales across the remaining stores. Hilco has a proven track record demonstrating our retail and operational expertise to manage the entire exit process. We can help to generate maximum returns, eliminate the financial risks and allow management to focus on the core business. Crucially, in many circumstances we may be able to guarantee the financial outcome.
Benefits Hilco success stories
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